The UAE is preparing to launch a national payment system

February 28th. /MEDIA TALK/. The Jaywan payment service will include debit and credit cards and will operate in both the domestic and foreign markets.

This was announced today by Al Etihad Payments, a company owned by the UAE Central Bank, according to local media.


Photo: ru.freepik.com

The company has entered into agreements with global payment systems such as Discover, Mastercard, Visa and UnionPay. An agreement has also been signed with Samsung for integration with Samsung Wallet.

By the middle of the year, it is planned to integrate Google Pay and Apple Pay into the system, and reach agreements with India and a number of other countries on payments outside the UAE.

Earlier, we wrote that in 2024, over 13.4 billion transactions totaling 69.5 trillion rubles were processed using the Fast Payment System, a service of the National Payment Card System, which was a record figure.